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Zylö Therapeutics Locates Development Center in Greenville, South Carolina

01/12/2018
Zylö Therapeutics, a developer of state-of-the-art technology for the pharmaceutical industry, is locating its operations and development center in Greenville, South Carolina. The company is expected to create 30 new jobs.

The company, which developed an innovative sustained-release drug-delivery system that delivers traditionally hard-to-deliver therapeutic agents through topical administration, is headquartered at the NEXT on Main facility at 101 North Main Street in Greenville. Zylö Therapeutics’ operations will soon include a lab facility, where formulation and product development work will be performed.

NEXT is a program of the Greenville Chamber of Commerce that currently supports more than 100 knowledge-based companies in Upstate South Carolina.

“With the bulk of our scientists and advisors located in the Northeast corridor, we considered a variety of alternative locations, but Greenville represents a wonderful balance of small-town feel, sophistication, high growth and vibrancy. In addition, the city offers a wealth of start-up resources that will assuredly work to our advantage over time,” said Zylö Therapeutics CEO Scott Pancoast.

“To see a company like Zylö Therapeutics choose to invest in our state and our people is an important sign to the business community around the world that South Carolina is the place to be. We’ve worked hard to create a pro-business environment and cultivate a highly-trained workforce, and those efforts continue to pay off,” said Governor Henry McMaster.

“The success of South Carolina’s booming life sciences industry continues to impress, and I congratulate Zylö Therapeutics on today’s tremendous announcement. Over the last two decades, we’ve seen a major transformation in South Carolina’s economy, and innovative companies like Zylö Therapeutics are responsible for it,” Secretary of Commerce Bobby Hitt noted.

“Greenville has become increasingly attractive to industry leaders in next-generation medical care, as innovative companies like Zylö Therapeutics seek environments that can help connect resources, support emerging technologies and supply a dedicated workforce. The City of Greenville is thrilled to welcome Zylö to our vibrant downtown and we look forward to being a part of their company’s growth,” City of Greenville Mayor Knox White said.

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